![]() |
|
|
|
|
#1
|
||||
|
||||
|
I understand the SOA's solution, but I am not sure as why mine doesn't work.
__________________
How to explain actuarial exams to someone else... Good Einstein quote - "One had to cram all this stuff into one's mind for the examinations, whether one liked it or not. This coercion had such a deterring effect on me that, after I had passed the final examination, I found the consideration of any scientific problems distasteful to me for an entire year." |
|
#2
|
||||
|
||||
|
You include the case that 3 scientists are eaten (as you should).
If three are eaten, what is the probility that exactly 2 of them exceed 8000 calories? You are using .25, and you shouldn't. Similarly for 4,5,... scientists eaten. |
|
#3
|
||||
|
||||
|
Quote:
Thanks for the response Gandalf, but what am I missing?
__________________
How to explain actuarial exams to someone else... Good Einstein quote - "One had to cram all this stuff into one's mind for the examinations, whether one liked it or not. This coercion had such a deterring effect on me that, after I had passed the final examination, I found the consideration of any scientific problems distasteful to me for an entire year." |
|
#4
|
||||
|
||||
|
Quote:
p(0)+p(1)+p(2)+p(3) = 4/8. Where's the rest of the probability? exactly 2.5 exceed 8000? more than 3 of 3 exceed 8000? The specific answer for the 3 eaten case is that p(2) = (3 choose 2)(.5^2)(.5) = .375. The general problem with your approach is that you effectively assumed p(2) = .25 independent of how many were eaten. I don't think that approach - summing p(exactly n eaten)*p(exactly 2 over 8000 | exactly n eaten) - is feasible with a calculator, but it should work in Excel. |
|
#5
|
||||
|
||||
|
Hmm, I did disregard the combinations since the probability was 50%. Was that my problem?
__________________
How to explain actuarial exams to someone else... Good Einstein quote - "One had to cram all this stuff into one's mind for the examinations, whether one liked it or not. This coercion had such a deterring effect on me that, after I had passed the final examination, I found the consideration of any scientific problems distasteful to me for an entire year." |
|
#7
|
||||
|
||||
|
Quote:
"Since each time the probability of a heavy scientist is just half the probability of a success, the distribution is binomial with q = 0.6×0.5 = 0.3 and m = 8." I understand the idea of modifying the binomial, but I am not sure why we can apply this to this problem. |
|
#8
|
|||
|
|||
|
You just change the definition of "success".
The original N was the number of scientists eaten. You change N to N* which is the number of scientists eaten AND above 8000 Calories. So out of the original q=0.6, 0.3 is Above or Equal 8000 Calories, 0.3 is Below 8000 Calories. The 0.3 that is below 8000 calories would also be a a "failure" in the new distribution. N* ~ Bino (q*=0.3,m=8) Then Find P(N*=2) |
|
#9
|
||||
|
||||
|
Quote:
|
|
#10
|
|||
|
|||
|
I understand that q is modified to be 0.3.
The part of the solution that solves for Pr(N*=2) seems wrong. The question states that you want the probability that 2 or more scientists are eaten, not just 2. Why would you not solve: 1-Pr(N*=0)-Pr(N*=1) =1-(0.7^8)-[(8)*(0.3)*(0.7^7)] |
![]() |
| Tags |
| allosaur, dinoz arr wierd, exam c, probability, soa 289 |
| Thread Tools | |
| Display Modes | |
|
|